Meta Shares Surge On ‘False’ Report Zuckerberg Is Resigning

• The suggestion that Mark Zuckerberg might be retiring as CEO of Meta created a surge in the share price of Facebook’s parent company.
• Meta quickly denied the report, though Zuckerberg faces mounting pressure from furious shareholders who have grumbled about his rampant spending on the metaverse.
• Zuckerberg co-founded Facebook and has served as the only CEO in the company’s history.

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